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MTECHTIPS NIFTY FUT intraday trading analysis 14-08-2015

MTECHTIPS NIFTY FUT intraday trading analysis 14-08-2015
MTECHTIPS Nifty Aug Future Today Closed At 8404 With Gain Of 38 Points. As Expected Nifty Recovering From Oversold Zone And Above 8280 Spot Keep Buy And Accumulate View Here. Today 2% Cut In Open Interest Suggest Short Covering. On Option Side, Nifty 8500 Call Option Writing Continues. For Tomorrow 8330 And 8280 Are Support Zone As Well As Fresh Long Entry Zones. On Upside Target Will Remain At 8500. Above 8500 Expect Sharp Short Covering As Well As Fresh Buying From Retails.
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